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<li> phuriku, are you sure that Chicago had a yield of 39-40% two years ago? Ever since I have been interested in it, my impression is that its yield has been pretty constant in the 35-37% zone.<br></li>
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<p>One of the interesting things about yield is that it seems very slow to change. For any particular institution, the number of applications is very volatile, but it’s rare to see yield change as much as 2% year to year.</p>
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<li> I’m not sure I WANT Chicago to have a 20% admission rate. One of the things I like about it is that its higher admission rate lets it take a chance on some applicants who are not tied up in a completely shiny package. Like, um, some of the people who post on this board from time to time. I am really happy they are there. I fear there are real differences in the class you end up with if you are choosing 3,300 applicants from a pool of 16,000, vs. 3,600/12,000.</li>
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